Barneveld, 10 mei 2006 - Dimension Data Holding plc heeft in het eerste halfjaar 2006, eindigend op 31 maart 2006, een omzetgroei van 15,9% wereldwijd gerealiseerd. De totale omzet voor het eerste halfjaar kwam hiermee uit op $1,5 miljard. Dimension Data behaalde tevens een bruto winstgroei van 10,3% naar $299 miljoen. De operationele winst groeide met 33,3% naar $37,4 miljoen ($28,1 miljoen in H1 2005).
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Dimension Data Holdings plc
Unaudited Interim Results
Six months ended 31 March 2006
Dimension Data Holdings plc reports 33% increase in operating profit
Barneveld, the Netherlands, 10 May 2006 - Dimension Data Holdings plc ("Dimension Data" or the "Group"), a leading global technology group, today announced its results for the six months ended 31 March 2006.
Financial Highlights
* Turnover grows strongly by 15.9% to $1.45 billion
* Gross profit increases by 10.3% to $299.0 million
* Group overheads improved to 18.0% (H1 2005: 19.4%)
* Operating profit increases by 33.3% to $37.4 million (H1 2005: $28.1 million)
* Operating margin improves to 2.6% (H1 2005: 2.2%)
Operational Highlights
* Strong revenue growth and market share gains.
* Further operating leverage achieved
Overview of Results(1)
Dimension Data today reported Group revenue growth of 15.9% to $1.45 billion. Both Group operating profit and Group operating margin increased considerably. Group operating profit increased by 33.3% from $28.1 million in H1 2005 to $37.4 million and Group operating margin increased from 2.2% to 2.6%.
The growth in revenue reflects a 12.2% increase in the Network Integration line of business and an overall good performance from our Solutions lines of business. Gross margin was 20.6% (2), 1.1% lower than for H1 2005, although slightly higher than H2 2005's 20.5%.
Commenting on the results, Brett Dawson, CEO, Dimension Data said: "It is pleasing to note that we are growing our market share specifically in the area of network integration which is at the centre of the convergence trend. As a result of this trend we experienced notable growth in our converged communications and security lines of business and fully expect the market trend of the convergence of voice and data onto a single IP infrastructure to continue, and the demand for our skills and experience to increase. The hard work, commitment and loyalty of our employees have contributed significantly to the pleasing results."
Looking forward, Dawson commented: "The successful execution of our strategy within our chosen market segments is delivering positive results for the Group and going into the second half we are confident that we will continue the momentum and deliver improved returns to shareholders."
-ENDS-
(1) Unless otherwise indicated, comparisons are to the equivalent prior period being the six months ended 31 March 2005. All references to $ are to US$; H1 2005 refers to the six months ended 31 March 2005; H1 2006 refers to the six months ended 31 March 2006.
(2) See note under "Basis of Accounting" regarding a change in the treatment of turnover in respect of certain categories of transaction in RNS announcement which can be found on dimensiondata.com
To view the RNS please go to:
www.dimensiondata.comAbout Dimension Data
Dimension Data plc (LSE:DDT) is a specialist IT services and solution provider that helps clients plan, build and support their IT infrastructures. Dimension Data applies its expertise in networking, security, operating environments, storage and contact centre technologies and its unique skills in consulting, integration and managed services to create customised client solutions
For more information, not for publication:
Dimension Data
Erik Bakker
Tel.: 0342 402 546
E-mail:
erik.bakker@eu.didata.comLammers van Toorenburg Benelux PR
Sabine Lakerveld
Tel.: 030 65 65 070
E-mail:
sabine@lvtpr.nl